A lot of young people do not know how to manage their money when graduating from high school. What do you think are the reasons? What can be done to teach them this important skill?

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Many students are learning different subjects like math and science but lack the fundamental knowledge of
money
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management. They find it difficult to handle their finances upon graduating from high school. In
this
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essay, I will discuss some of the possible reasons why the younger generation
find
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finds
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it hard to manage their
money
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and suggest a few solutions to solve
this
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problem. One of the main reasons is that
children
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are not taught financial lessons at school. The
schools
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are so focused on teaching the curriculum that they miss out on training
kids
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on
this
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very important skill.
Furthermore
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,
parents
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usually avoid discussing matters involving
money
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with
children
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. They are always asked to leave the room when
parents
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are discussing
about
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apply
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cash related issues which keep them in the dark about
such
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matters. Indeed,
this
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leads to a child growing unaware of how cash is handled at home. One of the many steps to tackle
this
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issue is that
schools
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should take the initiative to include financial classes with their regular subjects. A recent survey showed that teenagers were interested in learning more about finances but their curriculum did not include it.
This
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should be started even before high school to nurture the habit of proper
money
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management from a very young age in
kids
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.
Additionally
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,
this
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skill should
also
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be taught at home.
Parents
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should be encouraged to discuss
about
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apply
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money
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with their
children
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.
Moreover
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,
kids
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should be taught about time value concept. A child should be taught that buying a soda for 1.5 $ daily would add up to a big amount in the future which is a waste of
money
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. In conclusion, both
schools
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and
parents
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have a vital role in developing
money
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management skills in
children
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.
Schools
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modifying their syllabus and
parents
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' approach towards
kids
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can help build a much financially responsible new generation.

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Use cohesive linking words accurately and appropriately

Linking words are very important in your essay.

To score effectively on your IELTS exam, you should make an effort to implement short concise sentences coupled with linking words.

Almost every sentence in your essay should have a linking word of some sort.

In fact, the only sentences that can omit linking words are your background sentence and thesis.

Linking word examples:

  • firstly
  • secondly
  • thirdly
  • in additional
  • moreover
  • also
  • for example
  • for instance
  • therefore
  • however
  • although
  • even though
  • despite

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Topic Vocabulary:
  • financial literacy
  • real-world applications
  • consumer culture
  • credit facilities
  • financial independence
  • practical financial literacy
  • manage finances
  • financial responsibility
  • money management
  • financial planning
  • tailored
  • accessible
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